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11:58 am - Wednesday October 7, 2015

Archive: Business Subscribe to Business


Now Moody’s says gas price cut will impact investment

Agencies, New Delhi Another global ratings agency Moody’s has said the sharp hike in natural gas prices notified by the Indian government will not only impact the state-run Oil and Natural as Corp (ONGC) the most, but also discourage new...

Late delay as Pacific trade talks near landmark deal

Agencies, Atlanta A dozen Pacific nations closed in on a sweeping free-trade pact on Sunday in Atlanta but failed to finalize terms on the fifth day of round-the-clock talks, dashing hopes raised by an earlier breakthrough on protections for...

American Apparel files for bankruptcy

Agencies, California Troubled teen apparel retailer American Apparel Inc (APP.A) filed for voluntary chapter 11 bankruptcy protection on Monday and said it had reached a restructuring support agreement with most of its secured lenders. American...

Gold retains sharp gains after sluggish U.S. jobs data

Agencies, Singapore Gold on Monday retained gains from its biggest daily jump in nearly nine months as weak U.S. jobs data eased fears the Federal Reserve would hike rates this year. Spot gold was little changed at $1,136.60 an ounce by 0325...

Oil up as Russia ready to talk with producers, US rig count drops

Agencies, Seoul Crude oil futures edged up on Monday after Russia said it was ready to meet other producers to discuss the situation in the global oil market, where prices have more than halved from last year’s highs due to a persistent supply...

Samsung keen to collaborate with MP Govt

Bhopal:  Samsung is keen on large scale collaboration with Madhya Pradesh government. The company wishes to expand its activities in India. Marketing possibilities for Samsung in India are highly important. Samsung’s Vice Chairman Shri Sean...

Flipkart appoins Sriram as CEO

Bengaluru: Flipkart, India’s largest online marketplace, today announced that it has appointed Sriram Venkataraman as the CFO for its commerce platform and Pramod Jain as Vice President and Head of Taxation. In his current role, Sriram, as...

Affordability to be key priority for ‘Digital India’, says Prasad

Agencies, New Delhi Government’s ambitious Digital India programme will have internet affordability as its core pillar, to be achieved by linking each of 2.50 lakh gram panchayats with the Optical Fibre Cable (OFC), Communication and IT Minister...